• Wednesday, May 08, 2024
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BusinessDay

No, MMM hasn’t crashed; it’s on recess

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Federal and state legislators go on recess every now and then. The president and governors go on vacation sometimes. Civil servants and private sector workers go on leave at least once in a year. MMM too has gone on recess. At least, that’s what Sergei Mavrodi and his acolytes have said. We believe them.
So, no one should spread negativism – unless you want to see more mad people on the streets or an increase in cases of suicide, cardiac arrest, hypertension, etc. Of course, the circular signed by “Administration” and sent to all confirmed Mavros is crystal clear:
“Dear members! As usual, in the New Year season the system is experiencing heavy workload. Moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media.
“The things are still going well; the participants feel calm; everyone gets paid – as you can see, there haven’t been any payment delays or other problems yet – but!… It is better to avoid taking risk.”
It is on this basis, says the circular, that all confirmed Mavro will be frozen for a month, for the “evident” reason that “we need to prevent any problems during the New Year season, and then, when everything calms down, this measure will be cancelled”.
Mavrodi and his acolytes have spoken, who are we to doubt? Those beating their chest and saying, “Thank God I didn’t do MMM” or “Yes, God don catch them” are “bad belle” people. And if you are a participant and all you can say now is, “Thank God I recovered all my money and made multiples of gain. If the thing wants to crash, let it crash”, you are not a good “somebody” too. You are just like that man who blew up a bridge after crossing over so that others would drown. You are jumping up that you didn’t lose money, shebi you lured others into it and earned 10 percent bonus on their pledges, and now they have PH-ed and can’t GH until January 14. They will do Christmas on empty pocket because they were greedy enough to put all their savings into it hoping to make a kill. Now you are the lizard and they are the rat that played in the rain with you; you’ve dried your body and they’re still drenched, that’s why you’re gloating.
Anyway, there are still good people among the MMMers and they have been doing a good job of encouraging and calming down those who are tensed up.
Two MMM Guiders, who identified themselves as DonVal Amaechi and Philip Awazi, in a message they sent out to other participants, said the account freeze was only a measure to protect MMM Nigeria from danger.
“This is a kind of caution taken to avert danger. So our mavros are safe. I encourage those who want to PH to still do their PH. The maturity is January and doesn’t change anything, by then the system is back and stronger,” they said.
“Don’t lose hope, all of us have mavros in the system and let’s not use because of this little setback forget what MMM has done for us and will do more if the system is safeguarded…. Let’s be optimistic and positive. This is our community, let’s protect it,” they further said.
On Facebook, a friend who goes by the name Don Wani said, “People still don’t realise it. The ship can never sink. Believe it or not, MMM rocks.”
You see, confirmed MMMers never say quit. They are die-hard optimists. Even if we agree with Faruk Al-amin that “messages such as these keep them from massive suicides and away from mental hospitals”, it’s still well. Wouldn’t you rather give hope than see more deaths or mental cases?
The truth is that whether you are directly involved or not, as long as you know someone who is involved, you are involved. If they die of heart attack, you’ll mourn. So, at least for the sake of your brothers, sisters, friends, neighbours, colleagues, etc who took the risk, in spite of all the warnings, to subscribe to what is clearly a Ponzi scheme they knew would crash one day, there is only one thing to do – be eternally positive.
On that note, let’s join our faith with theirs because, even if the scheme hasn’t crashed already, it soon will. In fact, the crash has never been more imminent as there are expected to be massive withdrawals IF the scheme does eventually resume. Panic is already in the air, the type that collapses a bank.
Perhaps we should be more concerned about the circumstance that breeds and sustains such schemes. That the number of subscribers to MMM grew from about 1.6 million on November 18, 2016 to about 3.3 million as at December 13 says a lot, but that other such-like schemes are being advertised on threads announcing the “crash” of MMM is simply incredible. Here’s a comment on one of those threads by a Nigerian who goes by the name Onyilo Brawn Onyilo: “I so much believe in MMM; whether it crashed or not, I don’t care. Since the government cannot give work to the youths, MMM is here to liberate us from our leaders’ wickedness. I prefer to be duped by MMM than to be kept in darkness by our so-called leaders.”
Fellow countrymen, I’m lost for words.
Chuks Oluigbo